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Share Name Share Symbol Market Type Share ISIN Share Description
One Media Ip Group Plc LSE:OMIP London Ordinary Share GB00B1DRDZ07 ORD 0.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 6.75 6.50 7.00 6.75 6.75 6.75 7,898 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Media 3.5 0.5 0.3 19.9 9

One Media Ip Share Discussion Threads

Showing 776 to 799 of 950 messages
Chat Pages: 38  37  36  35  34  33  32  31  30  29  28  27  Older
DateSubjectAuthorDiscuss
13/11/2018
08:49
microscope - yes of course they now have debt in the form of a Loan note for £1.9m drawn down in September. And if they draw down tranches 2 and 3 that will go up to £6m. I realise it is for the purchase of music rights but debt it nonetheless is until it is repaid.
dibs61
13/11/2018
08:45
The company isn't in debt. Its just borrowed some money and paying interest on it like any other business.
yump
13/11/2018
08:39
Yump don't forget the placing was heavily oversubscribed, they raised almost 3 million, before the draw-downs, plus they already had nearly a million in the bank as of interims. They will of course use a bit of that for placing costs, but they have a healthy and growing cash position from the core business - and no debt as far as I can see.
microscope
13/11/2018
08:34
Posters are talking about the possible profits but they will be eaten into by interest payments on Tranche 1 of the Loan Notes - £1.9m x 7% = £133k interest pa. The company is now in debt. The first loan notes plus redemption penalty are repayable in full if they don't make an acquisition within 12 months. I hope this does not force them into making any hasty or unwise decisions. Also there are 30m share options to BGF @ 6p attached to the Loan deal. The pressure is on to make some good deals now. Long gone are the days of steady organic growth. Its acquire or die!
dibs61
13/11/2018
08:24
Having said all that, once they start spending on rights, earnings will jump more than they were forecast to. The old forecasts were for 900K pre-tax and 1p earnings for 2019. That would now be about 7p earnings, allowing for the new shares. That's without any contribution from any new rights acquired. Currently, I think they've got £1.9mln from the share issue and £1.9mln from the first loan tranche. That should bump the revenue significantly. I suppose have to wait and see. If it works out the growth will be rapid and everyone will be happy because the rating will jump together with earnings and the share price will multiply.
yump
13/11/2018
08:22
In a geeky sort of way I actually found it very informative. It's clear how they accepted they'd been too slow to react, and how they'd dealt with it. And I learnt a lot about the competition and where they could be looking for acquisitions.Margins/price will likely drive the final choices, but they do now have an impressive war chest for a company of this size.
microscope
13/11/2018
08:06
I thought the analysis at fundraising was way over-inclusive and as a result clouded the whole thing. As for the 'arrangements' with various parties and loan notes, I have seen a lot in my time but that was impossible to figure out, certainly in terms of whether it was good for my investment or not. Particularly all the stuff about the overall market. All very interesting, but not relevant to OMIP. In particular, the comments about the music industry recovering, because it was not that that caused OMIP's problems, it was the move from CD's to downloads to streaming. The fact of the matter is that OMIP had an outdated model. The real clever folk with industry knowledge would have seen that coming.
yump
13/11/2018
08:00
Given that they said strong trading and cash generation at the interims and now say in line, it seems all is ok to me. Agreed though that the lack of detail is frustrating, though in fairness we got a very thorough analysis at the time of the fundraising.
microscope
13/11/2018
08:00
If they're on target to make £600,000 pre tax, then that ends up at about 0.45p per share. So 6p is about a p/e of 15, which I guess is OK, but growth will have to happen next year. Given the gearing of profit to revenue, they could easily post % gains at 30%+ if revenue jumps up. Its just the mushroom management of investors that hacks me off. They haven't exactly been short of words in the past. Its the content that matters.
yump
13/11/2018
07:55
To be fair its only a few months since they got the money for acquiring rights, so I suppose expecting something significant on that front is being a bit impatient.
yump
13/11/2018
07:47
How right you are yump. Vague to say the very least. Absolutely no detail.
dibs61
28/10/2018
19:39
Just to let you all know that One Media will be presenting at our MelloLondon investor event in Chiswick W4 next month. MelloLondon is a two day event and starts on Monday 26th November through to Tuesday 27th November. You can find out more here... Http://melloevents.com/mello-london/ There will be 65 quality companies exhibiting and presenting plus some very well known investors, entrepreneurs, fund managers and market commentators providing excellent keynote talks on a range of investment subjects. A number of investment workshops will be available each day and a ShareSoc MasterClass on the final day.
davidosh
15/10/2018
17:48
They talk in depth about the acquisition strategy in the placing document and because it's something that does interest me as to how the industry works I had a decent read of it. The section headed 'acquisition of music publishing rights and songwriters’ rights' is the most relevant one i think about how they plan to deal with the different facets of managers/artists etc https://uk.advfn.com/stock-market/london/one-media-OMIP/share-news/One-Media-iP-Group-Plc-Proposed-Fundraise-of-a-m/78169465
microscope
15/10/2018
17:40
I think you're right most rights deals will already have been done. Whether the artist then gets a say on any further deals or sales directly I don't know.
yump
15/10/2018
16:36
I agree on the commercial sensitivity but you would hope and expect we would get some sort of steer - such as the acquisition will be earnings enhancing in the first full year and the broker notes should start to build in some revenue modelling. The point you make about artists is interesting - I had assumed we would be buying blocks of publishing rights that have already been licenced / sold by the performer rather than negotiating with individual artists.
harrogate
15/10/2018
16:17
In theory of course, they have forever to get a return on any rights purchased, especially rights that involve music with a very long shelf life. I suspect the only clues that we'll get about whether purchases are worthwhile or not, is just in the results. I can't imagine they're going to spell it out, as that would be competitively sensitive information. So wondering what puts the cap. on the purchase cost ? Presumably they've got some sort of internal target for payback, but again that will never be public knowledge I guess. Just have to hope that all the talk of building skills in the digital domain means that OMIP have a higher/earlier return than others, or perhaps more importantly ? that they appear to be nicer people to deal with than other publishers. Knowing a few musicians, I think that's a factor, not just what the lawyer can negotiate. Perhaps the balance sheet was an issue, which led to the requirement for more funding. If you're an artist about to sign over your rights, the publisher you're relying on to continue earning money for you needs to look financially sound.
yump
15/10/2018
14:47
Yeah euclid I think everyone invested here is well aware that in order to grow the company, there is almost sure to be future dilution, as long as they identify the 'right' acquisitions, as Harrogate has mentioned. They've effectively said that is a part of the strategy. I don't have a problem with that, the key as Harrogate also says is whether these acquisitions will deliver the goods. It's a high powered board for such a small company, I'm obviously hopeful that they will.
microscope
15/10/2018
14:23
Of course it will only be dilution if the equity they raise isn't used to buy rights that produces more increased profit return than the % of new shares. But it is fair to say that the jury is out as to how they are going to do that and the first couple of deals they do now should be fairly instructive on what the future might look like.
harrogate
15/10/2018
14:05
Potential more dilition: Future funding requirements Once the proceeds of the Placing and Subscription have been deployed, the Company will likely look to raise further equity capital to make acquisitions of additional music rights. There is no certainty that it will be possible for the Company to raise addition equity capital at all or on acceptable terms. In addition, the terms of any such financing may be dilutive to, or otherwise adversely affect, Shareholders. Https://www.investegate.co.uk/one-media-ip-group-plc--omip-/prn/proposed-fundraise-of-a-minimum-of--7-9-million/20180831070000P0892/
euclid5
03/10/2018
23:53
I'd just like to be a bit clearer on how OMIP are going to get a level of revenues from rights that other publishers can't, because only in those circumstances, in a rights sellers market, will paying more than the competition for some rights, pay off. Unless the whole streaming business is going to become a gravy train of revenue that pays off the rights costs very rapidly. But I'm sure sellers will be able to work out the likely return for streamers and price the sale accordingly. Or perhaps some are still suffering from lack of rights income and will just want to cash in, if a 'sellers market' actually in reality means 'a market where you can at long last sell the rights and make a bit of cash, rather than earn hardly anything from streaming'. Or there's very little interest in the rights that OMIP try to buy, because they are not big enough potential earners. There are one heck of a lot of words in OMIP statements, but they don't have the bits I'd like to read about.
yump
03/10/2018
14:39
It certainly looks very much like there is an overhang on the shares. I also share the concern of their timing in the market for buying music rights. You just get the feeling this is a pivotal time in this companies history. MI has so cautiously and carefully built the company into a steady profitable enterprise. He has decided to throw off the shackles and go for it. Lets hope his judgment and skill in landing the right deals is there. If they can do it, happy days, if not.....
dibs61
01/10/2018
11:14
Well, whatever happens, I hope OMIP really have some special way of increasing revenues more than some of the other publishers. I hope they've done their sums properly and there is plenty of headroom in the potential for earning revenues, because the time to buy rights was a few years ago when the market was down in the doldrums. Its now in boom-time for rights sellers, so fingers crossed OMIP are not going to overpay, just because some big-wigs joined and want to be part of a bigger business that is now in the spotlight. hTTps://www.billboard.com/articles/business/8022219/songwriter-catalog-market-booming-indies-leading-way I can easily imagine a lot of money going the way of lawyers, dragging out the negotiation process to get the best deal for their clients.
yump
01/10/2018
10:39
Strange this morning, despite the move up, can still buy below mid-price. There have been other holding announcements I now see, which must have passed me by at the time. Obviously in addition to Nicola Horlick's consultancy, there is the one with Ninelives, and have been reading back through the placing document. This interested me most, and was wondering if anyone has any thoughts on what might be good acquisition targets? " "Small-scale” competitors including independent publishers and operators such as Bucks Music Group, Chelsea Music Publishing, Mojo Music & Media, Notting Hill Music and Silva Screen Records; “Medium-scale” competitors including DownTown Music Publishing, Music Sales Group and Hipgnosis; and “Large-scale” competitors including BMG, Concord Bicycle Music, Kobalt Capital, Round Hill, Sony Music, Universal Music Group and Warner Music Group. Use of proceeds OMIP intends that the net proceeds from the Placing, the Subscription and the issue of the Loan Notes will be used to acquire music publishing rights, artist recordings and songwriters’ rights. The Company may look to raise further equity capital in the future in order to enable it to undertake additional acquisitions once the proceeds of this fundraise have been deployed. The acquisition pipeline The Company is considering a number of potential music IP rights acquisitions, including those that have been introduced by Ninelives. The Directors will adopt a strict criteria in considering acquisitions, in particular that acquisitions will be of music rights with an established historical revenue stream and typically not music written in the last five years. The Directors will, where appropriate, look to acquire music rights that have opportunities to further enhance revenues from exploitation of the rights and/or opportunities from synchronisation usage. ... It should be noted that acquisitions are expected to be made in the US as well as the UK and that this would give rise to additional US Dollar income streams in the future. Whilst the Company is in discussions regarding a number of potential acquisitions, there is no guarantee that any of these potential acquisitions will be successfully concluded by the Company..."
microscope
28/9/2018
13:30
Yes it would apply to all holders but many are not that quick in getting these reports into the company. Can't argue with the fact that the price has bombed below the placing price.
harrogate
Chat Pages: 38  37  36  35  34  33  32  31  30  29  28  27  Older
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